You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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1.1 Introduction Polaroid Corporation was founded in 1937 by Edwin Land who dropped out of Harvard College in order to focus on the research on the polarization of light. He developed the first instant camera in 1948. From that time onwards the instant camera was the main product of the company. 90% of the company’s efforts were tied up to this product over the next decades. Within four decades‚ sales of the firm grew from $142000 to over $1 billion. Significant break- through of Polaroid included:
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US presidential election. November 4‚ 2008 the date when Barack Hussein Obama became the first African- American who was elected the president of the United States. This critical analysis examines the article: “The Politics of Cognitive Dissonance: Spin‚ the Media‚ and Race (and Ethnicity) in the 2008 US Presidential Election”. The article was published by Marilyn Lashley‚ who is employed in Howard University‚ in December 2009. Marilyn Lashley’s main point is‚ first of all‚ that even in the contemporary
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Management Functions According to the function approach‚ managers perform certain activities or functions as planning‚ organizing‚ leading and controlling as they efficiently and effectively coordinate the work of others. Managers of Berjaya Corporation Berhad also perform the management functions very well. Planning is a management function that involves setting goals‚ establishing strategies for achieving those goals‚ and delevoping plans to integrate and coordinate activities. Manager will create
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Giving vs. Recieving Children dismiss their sleep on the night of christmas eve waiting to rush down to the chimney in the morning. Smiles no grander after shredding through wrapping paper; while the parents hearts are warmed by this sight. Showing such kindness and generosity towards one another develops each of their bonds in a state of unity and pleasure. People teach their young that is it better to give rather than receive; to prevent them from developing a self centered ego (Myers). Empathy
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Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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Polaroid Corporation‚ 1996 In late March 1996‚ Ralph Norwood was faced with the task of restructuring Polaroid’s capital structure. In the past‚ Polaroid had a monopoly in the instant-photography segment. However‚ with upcoming threats in the emerging digital photography industry and Polaroid experiencing recent losses in their market share due to Kodak’s competition‚ Gary T. DiCamillo‚ recently appointed CEO of Polaroid‚ headed a restructuring plan to stimulate the firm’s performance. The firm’s
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The Pros and Cons of Home Birth The demand for natural child birth and giving birth outside of the hospital setting is increasing in the United States. However it is a topic that remains controversial. There is no shortage of glowing stories from happy mothers of safely home birthed babies‚ but there are horror stories as well. Planned home births are generally considered safe for healthy women with low risk pregnancies being attended by certified nurse midwifes with a good system in place for
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Ranbaxy’s criminal guilty plea and $500 million in fines and penalties has brought back the spotlight on corporate governance. The criminal case focused on sales in the US market. However‚ if media reports are to be believed‚ Ranbaxy committed systemic fraud in its worldwide regulatory filings. The US case dates back to the year 2004. This is the initial year when the Corporate Governance Code‚ which was issued by Sebi in the year 2000‚ was made mandatory. Therefore‚ it is quite likely that many
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Watching the film He is not that into you left me with a whilrpool of emotions. The movie brought me back to a few years of my life of dating scenes in Singapore. Even though dating can be superficial‚ to some extent I remember getting my feelings involved and getting really hurt but also hurting guys without thinking twice about it. I will never forget how awful and small and devastated I felt when I realized that W.E a smart guy was JUST NOT THAT INTO ME. I also remember ignoring some people
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